Prince Sultan University was originally founded in 1999 as Prince Sultan Private College, but, in 2003, the Ministry of Higher Education declared it to be a university. It was inaugurated by HRH Crown Prince Sultan bin Abdul Aziz Al-Saud who is the Deputy Premier, Minister of Defense and Aviation, and Inspector-General. PSU is a non-profit institution established in Riyadh by Al-Riyadh Philanthropic Society for Science and licensed by the Ministry of Higher Education. PSU is the first private University in the Kingdom of Saudi Arabia.

Prince Sultan University aims to provide the Middle East with a quality education to the highest international standards.

In its efforts towards a successful and responsible life-long learning, PSU integrates modern technology, pedagogy and human values for the advancement of scientific research, productivity and leadership towards a more meaningful social life. 

PSU is committed to an effective management of institutional resources to optimize its multiple role as catalyst for new learning opportunities, national and international partnerships, continuous studies, professional growth, community service and diversity in educational horizons for the good of humanity.